Household affordability challenges are leading some consumers to consider refinancing their auto loans to save money on monthly payments. Stephanie Roberts, director of auto products at PenFed Credit Union, told FOX Business that expanded access to credit terms has allowed consumers to more easily check the rates available to them as they consider refinancing. As a credit union, we care about our members' financial health, so we really want them to save money when they can, where they can. TREASURY IMPLEMENTING TRUMP'S CAR LOAN INTEREST TAX BREAK: 'PUTTING MONEY BACK IN THE POCKETS'Roberts outlined the steps a person considering refinancing an auto loan should consider before making any commitments. That will allow them to consider whether refinancing makes sense given their equity position in the vehicle.